Investor wealth dries up nearly Rs 14 lakh cr in last 1 year

The index has come down by 5,378.26 points, or 17.91 per cent, since its all-time high of 30,024.74 on March 4, 2015.

Negative FPI inflows have also added to market worries. FPIs, a major driver of the Indian equity market, pulled out a net Rs 11,126 crore from equities in January and another Rs 5,521 crore in February this year. (Express photo)

Investor wealth has diminished by nearly Rs 14 lakh crore in the last one year when the BSE benchmark Sensex scaled its record peak and has fallen by almost 18 per cent since then.

The index has come down by 5,378.26 points, or 17.91 per cent, since its all-time high of 30,024.74 on March 4, 2015.

The 30-share Sensex also hit its one-year low of 22,494.61 on February 29 this year.

Led by decline in the stock market, investor wealth fell by Rs 13.82 lakh crore to Rs 91.56 lakh crore during this period.

Negative FPI inflows have also added to market worries. FPIs, a major driver of the Indian equity market, pulled out a net Rs 11,126 crore from equities in January and another Rs 5,521 crore in February this year.

The net FPI inflows in 2015 had slackened to just about USD 3 billion.